AMES NATIONAL CORP (ATLO)

Quarterly Report Filed: 2026-05-08

Ames National Corp maintains authorized common stock of 18 million shares with 8.857 million shares outstanding as of March 31, 2026, indicating modest capital structure with substantial authorized but unissued shares available for future financing or strategic purposes.
The company reports derivative financial instruments with portfolio layer method basis adjustments related to hedged loan portfolios, suggesting active interest rate risk management and sophisticated treasury operations typical of regional banking institutions.
Credit loss provisions show minimal off-balance sheet exposure adjustments ($37 thousand benefit in current period, $32 thousand expense in prior comparable period), indicating relatively stable credit quality and conservative provisioning practices.
Comprehensive fair value measurements across multiple security categories (US Treasuries, government agencies, mortgage-backed securities, municipals, and corporate debt) demonstrate a diversified investment portfolio with appropriate Level 1, 2, and 3 fair value classifications.

Current Report Filed: 2026-05-01

Annual shareholder meeting held on April 29, 2026 with three new directors elected (Baker, Hagan, Rieck) to three-year terms, indicating regular board rotation and governance continuity.
Strong shareholder support across all three proposals: director elections passed with 98.5%+ approval rates, executive compensation approved with 98.9% support, and auditor ratification passed with 99.9% approval, demonstrating investor confidence in management.
Forvis Mazars, LLP ratified as independent auditor for 2026, continuing the company's external audit relationship without apparent controversy or opposition.

Insider Trading Filed: 2026-04-30

Form 4 filing appears incomplete with empty transaction tables in both non-derivative and derivative securities sections, making it impossible to assess actual insider trading activity or ownership changes.
Betty A. Baudler is identified as a Director of Ames National Corp, indicating this is a corporate governance-related filing from a board member rather than a routine officer transaction.
The filing was signed by John P Nelson via power of attorney on 04/30/2026, suggesting the actual reporting person may have delegated signature authority, which is standard administrative practice.

Insider Trading Filed: 2026-04-30

Director Michelle R. Cassabaum purchased 84 shares of common stock at $28.08 per share on 04/30/2026, bringing her total beneficial ownership to 9,818 shares, indicating confidence in the company at current valuation levels.
The open market purchase by a board member represents a modest personal investment totaling approximately $2,358, suggesting incremental insider confidence rather than a significant conviction bet.
This transaction demonstrates routine insider activity with no derivative securities involved, indicating straightforward equity accumulation rather than complex compensation or hedging strategies.

Current Report Filed: 2026-04-24

Ames National Corporation announced Q1 2026 financial results on April 24, 2026, with detailed information contained in the accompanying news release, indicating routine quarterly earnings reporting.
The filing is a standard 8-K disclosure with no material agreements, leadership changes, or extraordinary events reported, suggesting stable operational conditions for the Iowa-based banking institution.
As a non-emerging growth company traded on NASDAQ Capital Market under ticker ATLO, the company maintains standard SEC compliance requirements without extended transition periods for new accounting standards.

Annual Report Filed: 2026-03-12

Ames National Corporation has a well-established IT governance framework, with the Board of Directors and executive officers providing oversight of cybersecurity, information security, and IT continuity.
The Chief Information Officer (CIO) plays a key role in implementing and overseeing the company's cybersecurity policies, programs, and strategies, leveraging both internal and external resources.
The company has a robust incident response plan in place to promptly address any immediate cyber threats to its business operations, including notifying executive officers, the Board, and regulators.

Insider Trading Filed: 2026-02-27

Michelle R. Cassabaum, a director of Ames National Corporation (ATLO), has purchased 205 shares of the company's common stock at $27.25 per share, increasing her direct beneficial ownership to 9,734 shares.
The purchase transaction provides a signal of insider confidence in the company, as directors often have strong knowledge of the business and its prospects.
Investors may want to monitor if this purchase is part of a broader pattern of insider buying, which could indicate positive sentiment about the company's future performance.

Current Report Filed: 2026-02-13

Ames National Corporation announced the declaration of a cash dividend and nominees to the Board of Directors, indicating stable financial performance and continuity in leadership.
The company has furnished its 2025 Summary Annual Report, providing investors with an overview of its financial and operational performance for the previous year.
The filing does not mention any material agreements, leadership changes, or earnings surprises, suggesting a relatively routine reporting period for the company.

Current Report Filed: 2026-01-23

Ames National Corporation reported its Q4 2025 and full-year 2025 financial results, showing strong revenue growth and improved profitability compared to the prior year.
The company announced it will be presenting its latest investor presentation at upcoming meetings, providing detailed financial information and strategic updates.
With the stock trading on the NASDAQ Capital Market, this quarterly report and investor presentation offer key insights into Ames National's performance and future prospects for shareholders.

Insider Trading Filed: 2026-01-22

The filing indicates that Jeffrey K. Putzier, the President of a subsidiary bank of Ames National Corp (ATLO), has conducted a transaction involving the company's securities.
The transaction was made on January 22, 2026, but the filing does not provide any details on the nature of the transaction (i.e., whether it was a purchase or sale).
Insider transactions, such as this one, can provide insights into management's confidence and expectations for the company's performance, which may be of interest to investors.

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